SPARK Matrix™: Global Retail Core Banking, Q4, 2023

Quadrant Knowledge Solutions’ Global Retail Core Banking market research includes a detailed analysis of the global market regarding emerging technology trends, market trends, and future market outlook. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position. 

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of leading Global Retail Core Banking vendors with a global impact. The SPARK Matrix includes an analysis of vendors, including Edgeverve Systems, Temenos, TCS, Fiserv, Finastra, Intellect Design Arena, Sopra Banking Software, FIS Global, Oracle, SAP, Avaloq, Jeck Henry & Associates, Mambu, Kiya.ai, Silverlake Axis Ltd., ICS Financial Systems, and BML Istisharat.

According to Siddharth Kumar, Senior Analyst at Quadrant Knowledge Solutions, “Global Retail Core Banking is witnessing a continuous transformation to enhance customer experience and streamline business operations. Owing to intense competition in the market, established players and new entrants are striving to provide innovative and efficient solutions to gain a competitive edge. There is a shift towards more customer-centric solutions. Retail core banking systems are being designed with a focus on personalized experiences, streamlined processes, and faster service delivery to meet the evolving expectations of customers. The increasing adoption of core banking technology to modernize the banking systems and focus on offering better client services are contributing factor for the expansion of the market.”

Table of Contents 

Executive Overview 

Market Dynamics and Overview 

Competition Landscape and Analysis  

• Key Competitive Factors and Technology Differentiators 

SPARK Matrix™: Global Retail Core Banking Q4, 2023

Vendor Profiles 

Research Methodologies 

Custom Research Service 

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